Wable Inc Has Provided the Following Data to Be Used in in Evaluating

Multiple Choice

Wable Inc. has provided the following data to be used in evaluating a proposed investment project: For tax purposes, the entire initial investment without any reduction for salvage value will be depreciated over 5 years. The company uses a discount rate of 16%.
-The net present value of the project is closest to:

A) $24,931
B) -$67,326
C) -$83,111
D) $40,716